The nuclear sector has languished after the fallout from Japan’s Fukushima Dai-Ichi disaster, but nuclear-related exchange traded funds are powering back up on a revival in atomic energy.
Nuclear energy is turning around as Analysts project that one in every five of Japan’s reactors will restart this year and China plans to quadruple its nuclear capacity by 2020, reports Eric Balchunas for Bloomberg.
Jonathan Hinze, a senior vice president at Ux Consulting Co., expects the slowing supply of uranium and higher demand could lead to price gains this year.
Nevertheless, public opinion on nuclear energy safety is still a major consideration, and opposition could halt plans to expand or restart nuclear reactors.
Investors interested in gaining exposure to the sector can look at ETFs that target uranium mining or nuclear energy stocks.